Vedanta wins Cudnem mineral block VII in Goa
Time:Wed, 14 Jun 2023 07:11:46 +0800
keywords :
India’s mining giant Vedanta has been declared the preferred bidder for the Cudnem mineral block VII in Goa. The auction was conducted on April 26, but there was no result due to a technical failure.
Vedanta won the Cudnem mineral block VII on the highest price offer of 93.15%. The block covers an area of 75.3 hectares with estimated reserves of 8.3 million tons of hematite iron ore.
The company said that the mining lease grant follows requisite payments, approvals and permits, and other terms and conditions of the tender documents.
